D'Ambrosia Brian 4
Research Summary
AI-generated summary
Monro (MNRO) CFO Brian D'Ambrosia Withholds 3,007 Shares for Taxes
What Happened
- Brian D'Ambrosia, Executive Vice President & Chief Financial Officer of Monro, had a total of 3,007 shares withheld to cover tax withholding related to the vesting of restricted stock units (RSUs). The filing shows 2,548 shares withheld on 2026-06-13 and 459 shares withheld on 2026-06-19. Each withholding transaction is reported with a value of $0.00 in the filing because the shares were retained by the company to satisfy tax obligations rather than sold on the open market.
Key Details
- Transaction dates and reported disposal values:
- 2026-06-13: 2,548 shares withheld, $0.00 reported
- 2026-06-19: 459 shares withheld, $0.00 reported
- Total shares withheld: 3,007
- Shares owned after transaction: Not specified in the information provided in this summary (see the Form 4 for total beneficial ownership details).
- Footnote: F1 — Shares withheld to cover tax withholding obligations upon the vesting of restricted stock units.
- Filing date: Form 4 was filed on 2026-06-23 reporting the above transactions. This is later than the typical two-business-day reporting window for Form 4s, which may indicate a late filing.
Context
- These transactions are tax-withholding events associated with RSU vesting, not open-market sales or purchases. Such withholdings are routine administrative steps and do not necessarily indicate a change in the insider’s view of the company. No cash proceeds were reported because shares were surrendered to cover tax obligations (a common "net settlement" or share-withholding method).